AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

PeopleSoft Expands Oracle Corp. Suit.

Contra Costa Times (Walnut Creek, CA)

| August 13, 2003 | COPYRIGHT 2007 Contra Costa Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Aug. 13--PeopleSoft Inc. on Tuesday expanded its lawsuit to block Oracle Corp.'s $7.3 billion hostile takeover bid, alleging it has "extensive new facts" about Oracle's efforts to scuttle PeopleSoft's merger with J.D. Edwards & Co., mislead and poach its customers, and sabotage its business.

PeopleSoft said it amended its original lawsuit filed in June in Alameda County Superior Court to detail what it called Oracle's sham takeover bid designed to "cripple PeopleSoft's ability to sell its software."

It also alleges that Oracle's public statements about PeopleSoft's merger with J.D. Edwards were intended to scare off potential customers.

"There were …

Related articles from newspapers, magazines, journals, and more
Oracle-PeopleSoft, God Bless 'em, Turns into an Old- fashioned Donnybrook.
Newspaper article from: Linux Gram June 21, 2003 700+ words
...question still remains whether Oracle thinks PeopleSoft is really worth another...just trying to mess with PeopleSoft's business. Oracle insists it's serious...it?" More important, Oracle needs PeopleSoft to drop its poison pill...
PeopleSoft spurns Oracle again.
Newspaper article from: The Daily Deal February 10, 2004 700+ words
...29 in midday trading; Oracle's offer values PeopleSoft at $26 per share. In...the bid bid last June. PeopleSoft also again accused Oracle of using the unsolicited...discuss the offer with Oracle, PeopleSoft stockholders can act...
PeopleSoft expands Oracle lawsuit.
Newspaper article from: The Daily Deal August 14, 2003 700+ words
...relief and damages against Oracle. PeopleSoft recently closed its $1...to poach its customers." PeopleSoft said Oracle's tactics spread uncertainty...County, suspended talks with PeopleSoft after Oracle launched its hostile bid...
Oracle-PeopleSoft Takeover Soap Opera Drags on in Silicon Valley.
Newspaper article from: San Jose Mercury News (San Jose, California) (via Knight-Ridder/Tribune Business News) November 28, 2003 700+ words
...customer rebate program from PeopleSoft. Oracle said earlier this month it...to just two competitors -- Oracle-PeopleSoft and SAP of Germany. But Oracle...effectively compete with a combined Oracle-PeopleSoft?" If the Justice Department...
Oracle, PeopleSoft trial vital for clues about future actions.
Newspaper article from: San Jose Mercury News (San Jose, California) (via Knight-Ridder/Tribune Business News) October 8, 2004 700+ words
...courtroom battle over Oracle and PeopleSoft is being closely watched...as: How much might Oracle ultimately pay? Is PeopleSoft willing to talk with...little attention, one of PeopleSoft's concerns about Oracle's offer was that it...
Oracle, PeopleSoft Begin Battle for Shareholders.
Newspaper article from: Knight Ridder/Tribune Business News June 14, 2003 700+ words
...Thursday on similar grounds. Oracle called PeopleSoft's lawsuit "frivolous...percent of the stock in both Oracle and PeopleSoft. "But I hope there's...25 a share range to win PeopleSoft. "Oracle made a lowball offer for...
Oracle & PeopleSoft use court to dicker over price.
Newspaper article from: Client Server News October 18, 2004 700+ words
...Chancery Court--where Oracle is trying to reduce PeopleSoft's takeover defenses...now talking low 70s. Oracle contends that PeopleSoft puffed up its 2004 earnings...pipeline to look flush. Oracle claims that PeopleSoft cut that big "strategic...
PeopleSoft rejects new Oracle bid.
Newspaper article from: San Jose Mercury News (San Jose, California) (via Knight-Ridder/Tribune Business News) November 11, 2004 700+ words
...shareholders decide to side with Oracle. PeopleSoft of Pleasanton has been fending...decision marked the fifth time PeopleSoft has spurned Oracle and came nine days before...is shaky. On Wednesday, PeopleSoft and Oracle had a brief conference call...
PeopleSoft, Oracle face proxy battle: Takeover impasse.
News wire article from: The America's Intelligence Wire November 23, 2004 700+ words
...making the cost of buying PeopleSoft prohibitive. Oracle's offer is conditional...that the offer overvalues PeopleSoft. Oracle said it raised its bid from...Co. During its fight with Oracle, PeopleSoft lost customers and had four...
PeopleSoft fires at Oracle again.
Newspaper article from: The Daily Deal July 2, 2003 700+ words
...shareholders," Swasey said. Oracle on Tuesday downplayed PeopleSoft's letter to shareholders...shareholders are likely to back an Oracle-PeopleSoft deal. But "for individual...management. Mason also said the Oracle-PeopleSoft tie-up would collapse...
For more facts and information, see all results
©2010 Gale, a part of Cengage Learning. All rights reserved. About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily